Zuora, Inc. Investigation

Zuora, Inc. Investigation

Squitieri & Fearon, LLP  is investigating claims that officers and directors of Zuora, Inc. (NYSE:ZUO) covered up problems in its integration of a 2018 acquisition and allowed investors to purchase Zuora stock at inflated prices from 2018 through May 2019. In May 2019, Zuora was forced to admit the problems and reveal that its revenues and earnings had been negatively impacted. Upon that news, Zuora’s stock price collapsed from approximately $20.00 per share to about $13.00 dollars per share and then continued to decline.

During the period of that cover up, company insiders sold approximately $38 million of their Zora stock and avoided the massive losses experienced by the Company’s shareholders.

Squitieri & Fearon, LLP is investigating claims seeking to hold Zuora’s officers and directors liable for their dereliction of duty and to recover for the Company the insider trading profits those officers and directors unlawfully earned.

If you are or were a Zuora shareholder or if you know someone who is or was a shareholder, you may be eligible to receive compensation through a class action lawsuit. Please contact Lee Squitieri by e-mail at lee@sfclasslaw.com or by phone at (212) 421-6492.  You can also complete the following form and someone from the firm will contact you.


ZUORA INVESTIGATION

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.